The support given by Business Wales on compliance and process has been incredibly valuable and helped us achieve success. Specialising in selling high quality farm machinery and tractors, RG Tractors are a family-owned business based in South Wales. The director of the business had a background and understanding of exporting but needed advice and support on international trade in farm machinery. Their business advisor discussed how to improve the business’s new market strategy, recruitment, marketing...
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The UK Government has announced details how people in Wales, Scotland and England without a direct relationship to a domestic energy supplier, including many care home residents and those living in park homes, will receive a £400 discount on their fuel bills through the Energy Bills Support Scheme Alternative Funding (EBSS Alternative Funding). Online applications will open in January for households in Wales, Scotland and England who are eligible for the £400 EBSS Alternative Funding...
The Money and Pensions Service (MaPS) have developed a series of guides to support professionals working with children and young people, with the aim of improving their financial wellbeing through good quality financial education. The guides aim to help local authorities and other children’s services staff, working with children and young people in vulnerable circumstances, embed opportunities for learning about money into the support they provide. They set out how financial wellbeing aligns with their...
Celebrating the Finance professionals of Wales, the Awards take place on 12 May 2023 at City Hall, Cardiff. Categories are: Chief Financial Officer/Finance Director of the Year Young Finance Director of the Year Financial Controller/Finance Manager of the Year Accountant of the Year Accounts Technician of the Year Rising Star of the Year Small Finance Team (up to 10 staff within the team) of the Year Medium/Large Finance Team (more than 11 staff within the...
Find out when you must meet the Making Tax Digital for Income Tax requirements. You should first check if you can sign up for Making Tax Digital for Income Tax. You must meet the Making Tax Digital for Income Tax requirements from 6 April 2026 if all of the following apply, you: are an individual are registered for Self Assessment (find out more about registering and sending a Self Assessment tax return) were self-employed or...
The list of frequently asked questions relating to the closure of the Menai Suspension Bridge to traffic has been updated. The update includes information on support available for businesses in Menai Bridge, including the additional support that was announced last week as part of the draft budget, as well as an update on the completion of Menai Bridge resurfacing works and the ongoing maintenance work that Network Rail is undertaking on the Britannia Bridge. Traffic...
Running your own company can be exciting but also challenging. Directors have lots of responsibilities including keeping company records up-to-date and making sure they’re filed on time. All limited companies, whether they trade or not, must deliver annual accounts each year. This includes dormant companies. It’s the directors’ responsibility to file a company’s accounts. You could get a criminal record, a fine or disqualification if you do not deliver your accounts on time. Even if...
The way HMRC assesses your profits if you’re a sole trader or a partnership that uses an accounting date between 6 April and 30 March is changing. This change will not affect companies. Your accounting date is the last day of the period that you prepare your accounts for. You choose your accounting date and will normally make your accounts up to that date every year. If your accounting date is between 31 March and...
Jane Hutt, Minister for Social Justice As we approach Christmas, I want to update Members about recent issues relating to our ongoing humanitarian Ukraine response. After months of asking for certainty about the future funding of the Homes for Ukraine scheme, the UK Government has provided some clarity about a number of issues we have discussed in the Siambr. The UK Government’s announcement about future Homes for Ukraine funding includes an extension to the host...